Shipbuilding news for August 2004

• Admiral Kuznetsov has left for the sea
  According to the head of the training dept. of the Northern Navy Rear Admiral Agafonov the main task of the crew is to test sailing properties of the ship
  

  
  

• Volgotanker attracted $120m of credits
  Volgotanker attracted $120m of credits from Austrian Raiffeisen Zentralbank Osterreich for three years at 9,25% annual interest
  

  
  

• Ukraine has created an invisible ship
  A “ghost corvette” built under stealth technology has been created in the Nikolaev based Experimental-Design Center for Shipbuilding
  

  
  

• The Nikolaev shipyard is completing the construction of a multi-purpose tug
  The "Gaidamaka" tugboat is the fourth specialized ship of the Delta Lotsman fleet and the first one built in cooperation between the two enterprises
  

  
  

• The Ukrainian State could not sale the Sevastopol Shipyard
  The Ukrainian State could not sale the Sevastopol Shipyard, one of the major shipbuilding enterprises of the Black Sea and Azov region
  

  
  

• A round table on fishery in Moscow was held on July, 26
  The meeting discussed legal problems and newbuilding plans
  

  
  

• The shipbuilding program of the Russian Navy provides for gradual construction of the new ships
  The CinC of the Navy Vladimir Kuroedov has again voiced approach that naval shipbuilding in short term will be focused on building the ships of the close sea zone (corvettes and frigates).